Definition of «billable»

The term "billable" refers to work that can be charged or billed to a client. In professional services such as law, accounting, consulting and engineering firms, billable means the amount of time spent on tasks that are chargeable to clients. This includes activities like meetings with clients, working on projects, preparing documents, attending conferences, traveling for business purposes or any other work-related activity that can be quantified in terms of hours and charged accordingly. The more billable hours an employee generates, the higher their revenue contribution to the firm.

Sentences with «billable»

  • The newly adopted initiative gives attorneys up to 50 hours of billable hour credits for putting time in new innovations. (law.com)
  • Using technological procedures instead of billable hour work puts money back in your pocket even before your case is finished. (bepearcelaw.com)
  • You're pushing four hours of billable time lost. (clio.com)
  • (see all sentences)
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